Mallett to quit Bond Street over rent hike

Top London antique furniture and works of art dealers Mallett are to leave their landmark Bond Street shop and find new premises in the Mayfair area. One of the few antiques and art dealers quoted on the London Stock Exchange, Mallett told shareholders the proposed move was a result of a massive rent hike and the changing character of the street.

As reported in ATG, September 6, rent at 141 New Bond Street rose by 50 per cent to £1.2m. At the ti…

Enjoy unlimited access: just £1 for 12 weeks

Subscribe now